Office Number 56 A-side 2nd floor
Sector C Bahria Town, Lahore
Office Number 56 A-side 2nd floor
Sector C Bahria Town, Lahore

Current market situation of Lahore Smart city after 2nd ballot acknowledgement slips issued

 

The issuance of 2nd ballot acknowledgement slips can be a significant event for a real estate development like Lahore Smart City, as it indicates the level of interest and demand among potential buyers. The exact market situation after the issuance of 2nd ballot acknowledgement slips may vary depending on various factors, such as the number of applications received, the prices of the plots, and the overall economic and political conditions.

Lahore Smart City has been seeing a huge demand after the announcement of first ballot on 13th May 2023 and the second ballot with date still in discussion. As the demand was soaring high after the announcement of first ballot, many people could not get their acknowledgement slips due to slow online processing. The investors who have cleared all their dues till 28th February 2023 or before can get their Acknowledgement slips from Lahore Smart City.

After 28th February 2023 the process of giving acknowledgement slips has come to an end as announced by the society.

Current market situation of Lahore Smart City:

Right now, the market is going stable for Lahore Smart City. People are investing more and more after the announcement of first ballot. But in the next coming days, situation of market is unknown as real estate market is affected by many external and internal factors.

But, the good thing is that, when Lahore Smart City will announce the date of its second ballot, more likely the market is going to rise more as its demand will increase once again. The same pattern was observed for the first ballot. People were quite surprised as to how this much Lahore Smart City can jump.

This type of increasing market is not a big deal for Lahore Smart City. All the investments in Lahore Smart City bring about a positive change in the market. Lahore Smart City has utilized the funds on purposes like Development of the society, which has done nothing except to raise the value of the society in monetary terms.

Increasing Rates:

As the society is at the initial stage, as it is third ballot of overall Lahore Smart City and First ballot of Executive 1 Block and Overseas 1 block, the rates are quite low right now. Low rates make investment here very crucial for both long term and short term.

The same rates will not be available after the balloting of the Executive 1 Block and Overseas 1 block. So this makes it the best time to invest here.

More Investment:

As the rates are stable right now in the whole Lahore Smart City project, it is high time to invest in the society. Investors can gain a huge profit by investing here now and gaining returns after some time. Investors can invest in both residential and commercial properties of Lahore Smart City right now.

Investment in long term is even more valuable as the files are converted into plots and give more returns than files themselves.

It’s also important to note that real estate markets can be volatile and subject to sudden changes in conditions, which can impact the market situation. Therefore, it’s always advisable to seek the guidance of a qualified real estate expert before making any investment decisions.

You can contact Pakistan Property Services to book a property or to consult about any real estate matter regarding Lahore Smart City. We provide better consultations for your real estate matters as the authorized dealers of Bahria Town and Etihad Town projects. For further information, you can call on +92 321 111 2508 or can visit our YouTube channel Pakistan Property Services, where we regularly update you to learn about the new trends in the real estate market of Pakistan.

Projects We Deal in:

Many residential and commercial societies in Pakistan are evaluated carefully to help our clients make the better decision. Pakistan Property Services helps the clients invest in projects with good prospects that depend upon the parent company, developers, location, payment plan, amenities they can have in the desired project.

Lahore:

Lahore is the cultural and economic hub as well as the provincial capital of Punjab. The city is well known for its huge economic opportunities in different sectors. People come from different areas to grab these opportunities and have a residence here. Below the list of some of the top Projects in Lahore:

Karachi:

Bahria Town Karachi is a benchmark within the landscape of Karachi with its world-class excellent-planned society. This society is sketched with an area concept to supply outstanding lifestyle facilities to its residents and can introduce new benchmarks of community development in Karachi. Below the list of some of the top Projects in Karachi:

Islamabad:

Islamabad is nestled against the backdrop of the Margalla Hills. It is a modern, planned city with wide tree lined streets, large houses, elegant public buildings and well-organized bazaars. It is however; always under construction to improve transportation or develop new housing areas for its growing population. The walkways are shaded, safe, and separated from the traffic by rows of flame trees, jacaranda and hibiscus. Roses, jasmine and bougainvillea fill the parks, and scenic viewpoints show the city to its advantage. Below the list of some of the top Projects in Islamabad:

Rawalpindi:

Rawalpindi is an important administrative, commercial, and industrial centre. Its industries include locomotive works, gasworks, an oil refinery, sawmills, an iron foundry, a brewery, and cotton, hosiery, and textile mills; it also produces shoes, leather goods, pottery, newsprint, and tents. Below the list of some of the top Projects in Rawalpindi:

Faisalabad:

Faisalabad, formerly known as Lyallpur named after the founder of the city is the third-most-populous city in Pakistan after Karachi and Lahore respectively, and the second-largest in the eastern province of Punjab. Below the list of some of the top Projects in Faisalabad:

Gujranwala:

Gujranwala is a city and capital of Gujranwala Division located in Punjab, Pakistan. It is also known as “City of Wrestlers” and is quite famous for its food. The city is Pakistan’s 5th most-populous metropolitan area, as well as 5th most populous city proper. Below the list of some of the top Projects in Gujranwala:

Multan:

Multan is city of Saints, it is best place to live if you belong to either middle class family, rich family or a poor family. The city is now develop city of Pakistan you can get every life facility here easily at low cast. Multan’s foods are very delicious especially mangoes of Multan are world famous. Below the list of some of the top Projects in Multan:

Bahawalpur:

Bahawalpur lies in the heart of South Punjab and is filled with stories that surround the legacies of Kings, Nawabs and their extravagant lifestyles. Below the list of some of the top Projects in Bahawalpur:

Peshawar:

Peshawar is the capital of the Khyber Pakhtunkhwa province of Pakistan. It is the biggest city of Khyber Pakhtunkhwa and is a relatively prosperous city. It is also a cultural and economic hub of Khyber Pakhtunkhwa. The city is famous for its food and tourism as it is one of the oldest cities of Pakistan with a recorded history that dates back to 539 BC. Below the list of some of the top Projects in Peshawar:

Gwadar:

Gwadar, town and seaport, southwestern Balochistan province, southwestern Pakistan. Located on the sandy Nuh headland that juts southward into the Arabian Sea, the town is an important fishing (sardines and sharks) and trade centre. Below the list of some of the top Projects in Gwadar:

Suggestions:

We can see that the Pakistan Real Estate Forecast 2021 suggests investing more in this market as it promises a huge profit in the coming future. The investors should purchase the properties at a low rate so that they can earn more by selling it once the rates are good enough.

Related Cool Links:

Maps of Societies and Projects in Pakistan:

Maps are the only source to view online high resolution 24 hours updated maps of Housing Societies, Schemes, Towns, Villas and Homes in all over Pakistan. Below the list of maps of some of the top Projects in Pakistan:

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